25, OLIVERS DRIVE, WITHAM, CM8 1QJ - £183,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

25 OLIVERS DRIVE is a small detached house of 103m², built sometime between 1976 and 1982. It was last sold for £183,000 in June 2002, which was around 10% below the average June 2002 detached price in the Braintree local authority area. The most recent EPC inspection was May 2014, where the current energy rating was B, and the potential energy rating was B.

25 OLIVERS DRIVE Sold Prices

Land registry data shows two sales for 25 OLIVERS DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Braintree local authority area for the corresponding sale date. Both of the two 25 OLIVERS DRIVE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2002 17 JUN	£183,000	£203,448	10% below HPI
1996 29 FEB	£78,500	£90,377	13% below HPI

25 OLIVERS DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Braintree local authority area over time, sourced from the HPI. The two 25 OLIVERS DRIVE sales from February 1996 and June 2002 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the February 1996 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the June 2002 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 25 OLIVERS DRIVE?

25 OLIVERS DRIVE is 103m² according to the EPC inspection conducted in May 2014. This puts it in the smallest 40% of detached houses in Witham, based on EPC data. The below chart shows the distribution of detached houses by size in Witham, and where 25 OLIVERS DRIVE lies on this distribution: 32% of detached houses are smaller than 25 OLIVERS DRIVE, and 67% of houses are larger. Note that EPC data is not available for all properties in Witham.

25 OLIVERS DRIVE: Plot and Title Map

25 OLIVERS DRIVE sits on a plot of roughly 0.080 of an acre, or 324m². The below map shows the location of 25 OLIVERS DRIVE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 25 OLIVERS DRIVE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 25 OLIVERS DRIVE?

25 OLIVERS DRIVE is located in WITHAM, in the CM8 postcode district. The below map shows the position of No. 25 on OLIVERS DRIVE.